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. the economist is out with a report on our economy's saying that our economy is in better shape than you think. we're back with that in a moment. first, i want to give a shout out to my grandmother mabel. she convinced her nursing home to switch cable providers just to see the cycle every day. go, mabel! [ jackie ] it's just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to my doctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor about prescription toviaz. one toviaz pill a day significantly reduces sudden urges and accidents, for 24 hours. if you have certain stomach problems or glaucoma, or can not empty your bladder, you should not take toviaz. get emergency medical help right away if your face, lips, throat or tongue swells. toviaz can cause blurred vision, dizziness, drowsiness and decreased sweating. do not drive, operate machinery or do unsafe tasks until you know how tovia
a balanced budget and it's important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise it's the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a contrast to the other budgets that are passing. at least budgets are passing here for a change, but all the other budgets have trillion dollar plus tax increases and have net spending increases and when he you have a trillion dollar deficit, we need to work on our spending and when the other side is offering even more spending increases and even more tax increases, more borrowing, we're still kind of worlds apart. >> greta: i went through the budget and it's very complicated, at least i think it's complicated. and i want to go to different provisions i understand. let me start with medicare. under your program it doesn't affect anyone over age 55. >> if you're born in 1958 or earlier, it doesn't affect you. meaning you stay in the current medicare program just as it's designed now. in addition we get rid of the obamac
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
records, taking, and larryeating bails glazer from the economy summit. and bruce is in pennsylvania where the snow has begun. reporter: well, neil, that heavy snow from this morning has turn into light snow this afternoon and now more of a freezing rain. literally minutes ago the sun made an appears and that is rare. no blizzard here but another significant snowfall. two or throw inches around most of the region, now a slushy mess. it began this morning. we expect it will not wrap up until late tonight. this is actually the 11th day in the month of march with some kind of trace amount of snow or more. none of them any big deal but all of them irritating. last month, one day with a trace of snow. temperatures much colder this march. the average high 15 degrees colder this march than last march, and just two days in the entire month of march that the national weather service would regard as clear, day where the sun was actually out. a fair number of fender benders this morning, but overall more of a slushy mess than a real danger. the temperatures are expected to get down near freezing, so
until you topple the entire economy. >> there budget is built on a hoax. on the one handled they say it balances in ten years. on the other hand they say they repeal obama care. but they keep the savings in obama care. if you would repeal obama care today, their budget would not be in balance. >> you saw him there, the democratic congressman, the top democrat on the committee. good to see you. >> good to be with you. >> in the past hour, you announced what you're calling a house democratic budget alternative. first of all, what is it and how is it different from the previous plan offered by the senate? >> well, it is similar to the senate plan. in other words, we also focus on job creation and accelerating the economy right now. then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to th
. by in large, of those 11 million, they're contributors to our economy. if we get it right and finally fix our broken system, we're going to have 11 million people contributing to our economy and it will be the biggest boone we could ever imagine to this economy. >> speaking of that, the economy and this economic impact, as you know, it's obviously a huge issue, and according to the center -- a study by the center of american progress, passing comprehensive immigration reform this year would create 200,000 jobs a year for the next ten years. it would add $1.4 trillion to our gdp, and it would add almost $800 billion in personal income. so the american people are going to pay a pretty heavy price if we don't get immigration reform passed this year and there's certainly an economic argument to be made. do you think that your colleagues on capitol hill, particularly those who are still resistant, understand how high the stakes are? >> i'm glad that these studies are being done. i think these studies are actually telling the truth. at the same time, unfortunately, i think the people afraid to vote
back the economy and the g.o.p. believes mr. obama is creating a nation at war with itself. the affluent vs. the nonaffluent. over the weekend senator ted cruze of texas, a conservative, delivered a very emotional speech at cpac. >> my father came from cuba. he had been in prison. he had been tortured in cuba. and he came to texas with nothing, with 100 in his underwear. didn't speak a word of english. washed dishes making 50 cents an hour. in someone had came up to that 18-year-old kid avenue as he was washing dishes and suggested to him that 55 years hence his son would be sworn into office as a united states senator representing the great state of texas. [ applause ] that would have been unimaginable. >> now mr. cruze says his dad made it on his own without government assistance. he worked hard and provide for his family and now his son has achieved the american dream. that's the way this country is supposed to work. but president obama himself has a very compelling story to tell. his father abandoned him. he was raised primarily by his maternal grandparents in hawaii. h
building and strongest economy? now, an economist named andrew lawrence is behind something called the skyscraper index which shows that the construction of very tall buildings is actually a great way to predict the onset of economic changes. so here's how it works. when a skyscraper begins construction, everybody is all excited, ebuhl yent, right, the country is growing. usually too excited and there is a dramatic plunge in the economic outlook of a country. but according to the index, once the skyscraper has finally finished, the economy will be climbing back. one world trade center will be america's tallest tower when it is completed next year. and even though americans' confidence in the economy is bad, our new tallest building seems to indicate things are looking up. hey, you know, i know it's just one tower. and sure, it's a rather thin hope. but if thein be detection holds true, america's economy is going to be in a way better place, a lot sooner than anybody thought. anderson cooper starts now. >> erin, thanks. good evening, everyone. a very big night tonight, including the
or the economy. this is something that will come up again with the debt ceiling fight this summer. but if you look at what the senate just passed, this is as christina said, they want to raise taxes. >> guys, let's switch to gun control here. christina, there's mention of the push for the gun control measures. a new gun control law was signed into law described as tough but does not ban semiautomatic assault weapons. here's the governor today. >> i get the feeling right now around assault weapons is that it's hard to define what assault weapons is, whether the ten-year ban, the federal ban made a difference. >> so colorado can't pass a ban on semiautomatic assault weapons. do you take that as a sign it's not going to pass in any state? >> well, it's really hard to know. every state is different. but there is a huge question here. lawmakers feel a lot of pressure from gun lobbyists, gun rights groups and this is why the effort is so interesting. he says he's going to spend $12 million to really look at senators that might be persuadable, particularly those with strong gun rights cultures in th
, in science and research, in education. things that are important to power the economy. our focus has been on jobs first. let's get the economy in full gear. not put the brakes on it. which is what the republicans do. they've gotten austerity budget that according to the nonpartisan congressional budget office, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipar
, if things go badly in the next several years. if the economy doesn't improve. let's assume for the sake of discussion it stays the way it is with persistent high unemployment and sluggish growth and so on. it's not at all clear the country will be in anywhere near ready to elect another democrat. >> bill: maybe so. >> it's hard ever 8 years to win another term for any party. >> bill: you have a couple of wild cards. iran is a big wild card because then we will know whether the obama administration allowed them to have a nuclear weapon. and if they do, all hell is going to break loose everywhere. all right. so that's definitely in play. the economy, i'm not so sure -- i was surprised that barack obama won re-election because of the economy. i mean, just for the sake of argument, mitt romney, all right, maybe not the best candidate but, still, a tremendous change he was offering, the governor was offering. tremendous change. people rejected that. and wanted this malaise and this giant colossus spending. maybe this is off othe table forever. maybe the entitlement state which mrs. clinton w
, obviously the global economy would be in jeopardy and that obviously includes u.s. markets. naturally europe is one of our biggest trading partners. but for now investors don't seem to be too stressed. it is a very tiny country. it doesn't have the same impact like say france or germany. plus, we have seen a huge rally in the stock market since the start of the year. major averages up 7% to 10%. you know, it would take a lot to change that. michael. >> be half up on the day already. >> right. and of course big frustration, people can't get to their money from the banks. but then, jim, maybe you have some encouragement. any sign perhaps banks will reopen as early as tuesday perhaps? >> that can only happen if there's an agreement here to save the banks. the restructure, shutdown, whatever you want to call it. and reorganize these banks and europe says, okay, we'll allow the european central bank, think of that like the federal reserve, putting money into these banks just to keep them alive for a few more weeks. the federal reserve of the european central bank says we will shut that money off
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. can make any old day a special occasion. so she makes her new mini cream pies with real cream filling and milk chocolate on a cookie-crumb crust. marie callender's. it's time to savor. athto fight chronic. oosteoarthritis pain.st. to fight chronic low back pain. to take action. to take the next step. today, y will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can helpeduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta inot for children under 18. people taking maois, linezolid or thioridazine or with uncon
immigrants are good for this economy. they are benefitting not only high skill people like me or like all of the people working in washington, d.c. because they mow their lawn and they watch their children, but also lower skilled labors because this is not a zero sum game. the economy can expand. the data is very clear. i think it is pretty much a no brainer. >> if an immigrant paints my house somehow we are all richer because the rest of us can specialize in something else? >> yes. one of the ways because he's cheaper he makes prices much lower prices of construction much lower for all of us. >> that mahas been my understanding by this flexibility of a labor market everything costs less we can get richer. >> what you are focusing on is the gross domestic product for example if we were to provide grants and amnesty to 12 million illegal aliens the gdp tote at that time total sum of all good and products would grow. >> they would stop hiding and report more income. >> that is an abstract method. it doesn't mean anything. it means squat for "john q" public. with the holy skilled low end job
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> let me finish tonight with this. there's a scene in "gone with the wind" when young southern boys are throwing their hats in the air and cheering. what's got them so thrilled is that war has broken out with the north. the book end of that scene comes at the end of the scene when the body is strewn as far as the eye can see it, those same young men after four years of bloody civil war. it would take the lives of 600,000 americans, soldiers who spoke the same language, shared the same religion faith and history. at the end of the war, what could we have done to stop it? one thing is a vital free press. men and women set on telling the truth. the faults in the intelligence, the alternative paths that the leaders have fail
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tonight's. jon: getting a read on the true u.s. economy. the dow jones has been surging. a 57 points in the mid-14,000. the national debt keeps soaring as well. washington seems unable to find a solution. the unemployment rate stubbornly high. chief correspondent jim angle takes a look. >> enormous amounts of money into the economy, they will be gasping for air. listen to this. >> it was crucial in the crisis and the fed is very powerful at stopping the fall. but it's not good at pushing one investors who don't really want employers who don't want to hire. it has been pretty unsuccessful. >> some know that some small signs of recovery in the housing market have occurred. even with the creation of 236,000 jobs in february, job growth has lagged and is still dismal. >> is the worst business cycle that we have had since the end of world war ii in terms of job creation. we haven't even gotten back to where we were at the peak of the previous business cycle. reporter: the unemployment rate remains high. administration officials predict it would be about 5%. including all of those who took
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over the past three years over an economy that's produced over 6.3 million private sector jobs and we have more work to do. and this president's number one priority is growth and job creation. >> what a bunch of-- there's 20 million more americans on food stamps, number one. and number two, we have one in six americans in poverty. what would dr. carson do if he was president. would you cut back? >> well, i would certainly cut back, but the pay i would cut is evenly, but i would give the managers of each department discretion because they know where the fat is. they're not going to cut the muscle, they're going to cut the fat. it seems like what the president is doing is trying to cut in the places where it hurts the most in order to prove a point and i -- if ever the mainstream media reaches a point where they recognize that if we destroy this nation and destroy the economy, they, too, will be destroyed, i think at that point they will start asking the tough questions and helping to move the population in the right direction. >> sean: don't hold your breath, dr. carson. i declared in
to intervene in an election and it doesn't work. he has unfounded economies about commitment to israel given what his public statements are. president bush, last president bush didn't visit israel until the end of his second term. president reagan never visited. apparently republicans think that still isn't sufficient. the very fact that this president gave a speech to the arab and muslim world early in his presidency is enough of a question mark. and netanyahu has to get beyond that. obviously the president in dealing with all the various challenges has to get through this as well. they are both bigger politicians and bigger international players than this particular spat. >> the day after the election, in the "the new york times," it said this about what netanyahu had done in the campaign. what took place this time was a breaking of all the rules. when our prime minister intervened in the u.s. elections in the name of an american billionaire with a clear interest in the vote, the very same billionaire who used israel's prime minister to advance a nominee of his own for president, billionai
smaller, guess what? a lot of people lose jobs. this economy which is very dependent on financial services. will 50% of the economy will definitely suffer so it is a huge, huge fight. plus, a lot of people are going to have to lose money if they've had uninsured deposits in those banks. in other words, were they above the insurance threshold? did they have more than 100,000 euro? which is approximately $130,000 in their accounts? they may lose 30, 40, 50% of that cash and instead get shares or bonds in a future bank that they don't know how much it will be worth. extremely complicated. sufficed to say what is perhaps on the line, perhaps poe tlings the first country leaving the euro. >> from cyprus for us, thank you, michelle. >>> back here, a new twist in the search for the man who gunned down the colorado corrections chief including reports that the murder was ordered by a white supremacist gang. we're live in monument, colorado with an update on that. >>> first a lot going on. a few things we thought you should know. an interesting story today in business week. it says mitt romney strug
on the annual event. >> it really brings a lot of money and it helps the economy. >> we want to do is make sure that people know that the event is happening this clear. >> reporter: the new organizers say that the large festival will be scaled back. >> we're not going to have seven stages. we'll go back to the way carnaval started. >> reporter: residents and business owners gatted at at this theater to organize, volunteer and offer to help raise money. in san francisco, rob roth, ktvu channel 2 news. >>> uc students hoping to earn degree credits online may not be able to after all. university of california faculty leaders announced their opposition to legislation that would allow public college students to earn credits online. the bill would allow students who can't get into overcrowded classes to take similar online courses from outside institutions. >>> state where sheman tom amemiano introduced legislation that would make policing cannabis laws the responsibility of california alcoholic bench control. it would provide a structure for medical cannabis cultivation, processing, testing and desc
that it will stay the course, staying the course, of course, means pumping money into the american economy especially concerns about a possible bailout in cyprus flare up. summer won't come soon enough for twinkie lovers. you know who you are. a bankruptcy judge approving hostess' sale to two investment firms and bringing twinkies, ho-hoes and ding dongs back from the dead. the deal said to be worth $410 million. the new owners hope to have twinkies and its snack cake brethren back on your store shelves by summer so you can stop with the locked door in your office and your stash. you'll be able to replenish it soon. and think you can trust labels at the shopping mall? think again. some clothing labeled as being made with fake fur was actually made with real fur. neiman marcus resolve clothing and dr. j.'s dotcom are settling false marketing charges with the federal trade commission. the retailers will not pay any fines but do promise to label all their products correctly going forward or face penalties. imagine if you were going to buy a pair of flats for example, this was a brand-name sli
would most certainly collapse. that could potentially threaten other national economies. these things are often domino effects as you know. greg palkot is live in london. what is the latest on this deal, greg. >> reporter: you're right, martha. people are scrambling blink to prevent another way for cyprus to go bankrupt and dragging rest of europe down with it. in the cypriot parliament, not a single member of parliament voted in favor of that plan. this plan could see as much as 10% taken out of private bank accounts to help bankroll that bailout. the vote was seen as a victory for the little guy but yes, now they have to find another way of getting the money. one way of getting the money may be go to moscow with hat in hand. cypriot officials were there today. rich russians taking advantage of lax banking regulations on the sigh land of cyprus invest a lot there. maybe as much as half of the deposits and investments are coming from russia. they're looking now for more loans from russia and maybe there are reports of selling off some things there. a bank. a maybe some energy rights.
in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we filled it with smelly odors. then installed a car vent clip and let in real people. it smells good. like laundry fresh out of the dryer. a man fresh out of the shower. nailed it. proof. febreze car vent clips keep your car fresh. breathe happy. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. >>> congressmancongressman patr earned a bronze star. he's here for an interview about a big direction that could be announced by the president. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that look
? >> reporter: will drivel through the local economy. $20million every time the ncaa comes to town. this is the third time in seven years. >> 15, 17 hours a day, we've been here in the building. we love it. it's march madness, it's fantastic. >> reporter: with ice hockey a shortened season, six basketball games over today and saturday are especially welcome. for cal, it's almost like a home court. >> fans are so close to the action. it creates a terrific atmosphere. >> reporter: loud too at local bars and restaurants, where the games dominate tv. >> cardinal fans, rams fans, th st. louis got their win, then watched all day. >> i can't believe how clean and beautiful the city is. everybody that we've seen has been so great to us. even the opposing team. >> especially the first two days of the ncaa tournament. a lot of upsets. you can hear the buzz, and people are pretty fired up here. >> reporter: once a cal player, now a fan, this dad paid $100 a ticket. >> i've only been here to see madonna. never been here for a sporting event. it's clean, high-tech. we're in silicon valley, it's
to the local economy. >> especially the first two days of the ncaa tournament, a lot of upsets, you can hear all the buzz. people are pretty fired up here. fun environment. good couple of days for sure. >> it wasn't all good news for bay area teens. while cal advanced, st. mary's lost to memphis, almost coming back, 54-52, the final score. a tipoff scheduled for 6:40 tomorrow night. the 12th seat, definitely the underdogs. syracuse pounded montana, 81- 34. wow, the other big upset i have to mention, harvard seeded 14 14th, upset 3rd seat new mexico. harvard has only been in march madness three times, and this is the only time they've won. >> time now, 7:55. sal, i need you to behave yourself during this next game. >> okay. i will. i will. >>> good morning, everybody. let's go outside. i want to talk about the traffic that's getting busier to the commute. northbound, seeing people showing up past the coliseum. also, the bay bridge toll plaza we have a backup that's getting better. we had a slowup but now it's getting better. 880 is slow this morning, although that's improving well on the way
are participating in the economy in arizona. and we deserve to be able to, you know, use the facilities that we need. it also doesn't just recognize the basic realities of transgender lives. i'm a transgender man myself. that means i was born female. i grew up as a girl and later in life transitioned and have now lived as a man for most of my life. for most of your viewers, i'm guessing it's pretty clear what restroom i should use and it's common sense. but yet, as you say, this bill would make it a criminal act for me to actually use the men's room and i could end up in prison for six months. and yet it would be very disruptive for me to use the women's room. what restroom would you like to see me in? >> i want to see you in the men's restroom for sure. i understand a lot of this is based on your birth certificate designation. that is a hard thing to change. is there any talk of now making sort of an at birth designation? would that help things ? >> you're right. i myself still have an f for female des ig nation on high birth certificate. that's not a document we typically carry around or think abo
that. the people of iran, it won't matter to them. what matters the economy is shambles. they don't have jobs or food to put on the table. >> what is concerning, that we have on the defense side, f.b.i. training manuals that don't even mention the word islam. don't mention the word muslims or jihad. those have been completely purged. we also have nuclear defense missiles i think are cut ever since barack obama has come into office. yeah, now he is talking about interceptors over to alaska but that was only pretty much in response to the north korean threat because he got caught on that. rather than that all of our defenses have been going downward. >> sean: i agree, good point. joel, you have written from the last jihad and written a lot of novels. every time i read them i'm thinking these scenarios that you are writing about seem very possible to me. you have a very dark, twisted mind. [ laughter ] >> i look at worst case scenarios. that is where we are. the new novel is damascus count down. what if an american president miscalculates, he tries diplomacy and it doesn't work. what
that relies on government money. >> we know we're going to lose probably $4 or $5 billion in the local economy and they are going to continue next year as well. >> reporter: they are still hoping congress will act and fast. >> congress, get it together and let's do it tomorrow. let's do it it really soon. you're talking 14 days out of my life i will not get paid for. >> reporter: athena jones, cnn, washington. >>> heartbreak this morning as authorities try to figure out what caused an airport flight display board to collapse on a family. the freak accident killed a 10-year-old boy critically injuring his mother and hurting his two brothers. it happened in a new section of the birmingham airport in alabama. it took six men to lift the sign. larry snider was one of them. >> the family was crushed. the little kids crushed underneath the sign. and everybody was scattering to lift it up. i helped lift it up and pull people out. >> the family was returning home to kansas from spring break in florida. >>> a wild police chase and shootout that ended in texas jump starting a complex murder investigatio
to take for cyprus' economy to recover from this? >> very good question. that's what a lot of people were really worried about whether or not what's happening there could happen in other places. >> we saw in europe seizain was saying hang on this might have longer term implications and reigned back a bit. zain, thanks so much. zain asher there. >>> secretary of state john kerry dropping in to meet with president hamid karzai. announcement coming at a time of tension as you can imagine between president karzai and coalition forces and u.s. forces in afghanistan. >> those tensions escalated this month after a bomb blast in kabul that killed nine people, kerry and president karzai just wrapping up a news conference actually. we'll update you on any developments from that. >>> also in afghanistan today another sign that u.s. involvement there is now winding down. the united states handed over full control of a prison near bagram air base to afghan authority. >> the transfer announced a year ago was supposed to take place within six months, but tensions with president karzai and concerns about
to talk about the economy. have a one mention to all voters. well, it turns out the obama way was the successful approach in the 2012 election. >> mark murray, thank you so much. we'll see whether it happens. how the rubber hits the road. >> thank you. >>> coming up, a crowded race in south carolina for the open congressional seat there. there is no shortage. we'll get an update. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can
today in terms of the economy, coming out of the white house, because leadership on tough issues requires the president to take political risk, and he won't do it. and this is a guy who will say anything that is appropriate to the group in the room. and that's exactly what he's doing in israel today. he's saying what's appropriate to the group in the room. >> i know bb netanyahu pretty well. he blurbed by first back in 2002. he's he a strong leader and thank god at least there was one adult in the room and one adult that understands the nature of the battle, the conflict between good and evil in our time. bb, there's no way he does not see through this president's bs. do you agree with me? he knows where obama's coming from. i think he knows full well he can't trust him. >> look, sometimes -- sometimes folks we don't completely agree with at least go about things in a constructive way. bill clinton went about trying to deal with the middle east question in a way that really began to make some progress, that was a balanced perspective. it was something that began -- that certainly
that ben was talking about. what is the impetus, what is the reason when their economy is doing relatively well, when there are relatively few threats ostensibly from the palestinians, because people aren't dieing in the same numbers as a few years ago, what is the impetus of making a deal right now and having those difficult compromises and moving those settlers outth and on the palestinian side, why not have a third intifada, this isn't moving. there is a very short timeframe here for the president and the israeli leadership to try to move the needle and move a peace process into gear. and we don't really see anything beyond some very fine outreach an very fine speeches. because there are other strategic realities, notably iran and syria yet again. the palestinian conflict, the palestinian situation, is right at the bottom of everyone's list. >> ben, you're in tel aviv. tell us how the president is being received. i mean we went through the headlines and the sort of love fest and the matching outfits that bebe and the president were wearing yesterday. but in terms of the people on the gr
the magnificent economy that clinton brags about and yet, that government got shut down in the end of 1995, our first, the republicans first term there. it really, really hurt republicans because it looks like we can't care about the things that-- >> they hung on, they won. not only that, but that's how we got to a balanced budget. >> it hurt us, it hurt us trying to push other things and this is -- repealing obamacare, yes, keep talking about it and putting it in. unless obama signs a repeal of obamacare. >> sean: that's symbolic, that means obamacare will never be taken out. >> no, it isn't. i plan on winning the senate back in two years. >> sean: on health care, what you're suggesting is the republicans only do the symbolic vote to repeal, but not really take the stand to do it. >> i think shutting down the government would not-- >> we're not going to shut down the government. that's obama's line. >> no, shut down the government, you're saying it's important it doesn't ruin the credit rating and medicare ts. >> sean: the social security and military keeps functioning and 2.7 trillion dollars
-- of dependency? >> you asked the question, is this a picture of the future? the answer is yes if the economy doesn't improve, if president obama's policies continue to fail to create enormous numbers of new jobs. yes, that is the picture of the future. remember, we're still signing up 3,500 people every single day on to the food stamp program. it has doubled in four years to a cost of $78 billion a year. now zero in on rhode island. six years ago 73,000 people on food stamps in that state. now 180,000 in that state. this is the way of the future, and it's very difficult to reform it, trim it or rein it in. >>steve: on your program on fox business, you talk to the mayor of woonsocket, rhode island, which extraordinarily a third of the people in that entire city -- a third -- are on food stamps. what happened now is the cycle of dependency, first the people were relying on food stamps and now the businesses rely on the people with the food stamps. without the food stamps, the businesses would go belly up. >> on the first of every month the snap card are loaded up with money. the people with fo
growth but many economists think it would be worth it for the economy. big employers like schultz and costco's ceo craig jelinek know more money mt pockets of americans mean they move for product. some corporate ceos want to raise the minimum wage. president obama want to raise the men mum wage. over 70% of americans want to raise the minimum wage. get the theme here? get the consistency? time for the republicans to wake up and smell the coffee. will congress listen to the country's overwhelming support for background checks. 16% say yes. 84% say no. coming up, chicago parents protest the can country's biggest school closure. reverend jesse jackson joins me on the impact on students. we're in los angeles with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the wave
, created growth in the economy, and that's what had the effect of balancing the budget, because we got so much more in tax revenues from those people that were working and paying taxes and from those businesses that are going great gangbusters and paying more taxes into the coffers. and we had more growth. so that's, you know, the republicans have these things exactly backwards. and rand paul has them even more backwards than paul ryan does. but, you know, there's no, you know, it's like talking to a brick wall. there's nothing that can be done and there's no negotiation that can be made with such people. >> i wonder, heather, how much of a liability this is going to be in 2014. you now have mitch mcconnell and john cornyn and ted cruz on record supporting turning the social -- basically tearing the social safety net asunder. and the question is, are they going to be held accountable for those positions? >> here's the question, you have the base of the republican party completely still supporting a balanced approach to the budget mess. actually raising taxes on millionaires and billionair
not agree on every single issue but, for the most part, if you look at where we are at in our economy and look at where we are with educational choice and our military positions and positions on a strong defense in our party for the most part, we agree on almost everyone and doesn't make someone a bad republican. it means we are good republicans and disagree on one or two things. my god. i don't agree with my wife on 100% of the issues but it doesn't mean we don't have a great marriage. i don't see how that is not -- that's not a reasonable position for people to take. i think it's entirely consistent. i think it's a human position to take and i think it's a decent position to take. >> mr. chairman, quickly. this is rich lawrie's column and he was writing this for politico. he said so much depends on the substance. no rebranding is going to make a difference if republican policy is not relevant to people's lives but the party desperately needs more than different marketing. our new political consultants are a few jack kerves and willing to ignore other drthodo we have to get out of th
of the reasons is because cyprus is a tiny economy, but this would be the fourth european bailout. the fact that at the 11th hour it looks like disagreed to, it takes away an uncertainty for the market and the path of least resistance returns. and what is that path? higher. this has been been incredible year for stocks. anybody with a stock market investment has seen fantastic rushes. the s&p 500 hasn't hit a record high, a new record high yet, but it's very close now. could happen in the next couple of days. that's what the s&p looks like over the past 12 months. the s&p over the past year is up almost 12%. just this year so far, up 9%. that's the kind of return if you had a return like that, it would be the envy of all of your friends. and for anybody who is just a plain vanilla stock market investor, they've had a good run. looks like banks will probably lead higher. watch shares of blackberry. lower pre-market. >> christine romans, thanks so much. >>> ford in and advertising firm are apologizing for a recent ad that used questionable judgment. it's a cartoon showing three scantily clad
and now cyprus? >> it's a little tiny island economy that it really, i mean the dow was whipsawed yesterday in this country because we're watching what happens there. all of these cracks in europe very important to the u.s. stock futures right now are up. dow futures are up 30 points. this tiny country bears watching this morning. the problem is going to sound familiar to you. if cyprus doesn't get a bailout, it could go bankrupt, exit the euro-zone and lead to financial instability at exactly the wrong time for the world economy. the plan to fix the problems there include slapping a fee on bank deposits in the country. we complain about bank fees here. this is one major bank fee. they voted this bank fee down and now a bailout of the country is in jeopardy. here's what they were thinking of. if you get a bank account with $129,000, you would have been taxed $8,700, gone. taken right out of your account just like that. the people in cyprus protested and rushed to withdraw their money. look at the protest lines at the banks. any bailout needs to come with strings attached and the r
of cypress as a way to save their economy. the proposed measures are provoking fears that the similar move may spread and cause bank runs in the other 16 nations that use the euro. the dow is down 35 at 14,478. the nasdaq is down 16. s&p down 7. >>> several tech industry analysts say apple is about to raise its quarterly dividends. they told bloomberg it could top $4 a share. that would put it in the top 20% of any publicly traded u.s. company. it would give a boost to investors who have seen their share price tumble more than 35% since september. >>> today, the faa is expected to announce its final decision son which small-to-medium airports will have their towers closed because of the sequester. early reports had concord, santa rosa, napa, san core lot and livermore as candidates in the -- san carlos and livermore as candidates in the bay area. the cuts begin next month. pilots will still be able to take off and land at the airports but instead of talking to air traffic controller, the pilots will have to talk to each other. >>> the republican party plans to change itself after what happ
and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. ♪ >>> back now at 8:10 with "today's" baby bump and words of wisdom for all the moms to be including our own contributing correspondent jenna bush-hager. welcome back. good to see you. >> good to see you. >> feeling good? >> hanging in there. as i prepare for one of life's greatest journeys, mother hood, i asked some people i love to tell me what they learned from their moms. >> tell me what type of mom you had growing up. >> i had a mom who gave us a lot of slack. i think she had faith in us or at least she pretended she had faith in us. as a result, we never wanted to disappoint her. >> she was always the person at the door that greeted you and made you feel great. no matter how hard your day
savings in the nation of cypress as a way to save their economy. the proposed measures are provoking fears that the similar move may spread and cause bank runs in the other 16 nations that use the euro. the dow is down 35 at 14,478. the nasdaq is down 16. s&p down 7. >>> several tech industry analysts say apple is about to raise its quarterly dividends. they told bloomberg it could top $4 a share. that would put it in the top 20% of any publicly traded u.s. company. it would give a boost to investors who have seen their share price tumble more than 35% since september. >>> today, the faa is expected to announce its final decision son which small-to-medium airports will have their towers closed because of the sequester. early reports had concord, santa rosa, napa, san core lot and livermore as candidates in the -- san carlos and livermore as candidates in the bay area. the cuts begin next month. pilots will still be able to take off and land at the airports but instead of talking to air traffic controller, the pilots will have to talk to each other.
's been a positive force in the economy. >>> in september 1977, nasa launched "the voyager 1" into space. during this liftoff, jimmy carter was a fledgling president, elvis presley had just died, and the u.s. was still reeling from the vietnam war. 35 years later, "voyager" is still up there and now is about 11 billion miles away from earth exploring a new region in our solar system known as the magnetic highway. it's now further away than any manmade project has ever been. and still going. >> i'm going to grab your iphone -- >> this is chad meyers, i'm sure you recognize him. >> this iphone has 250,000 times more storage capacity than that satellite from 1977. >> i could launch my iphone into space, is that what you're saying? i have a specific question for you about the solar system. nasa is refusing it ever left the solar system. >> right. it's on the edge. it's still going in the same direction. >> aren't we all? >> yeah, downhill. nasa is waiting for the magnetic field to change. it knows the solar field that comes out of the sun has now stopped. it knows it's almost into intercella
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, minding your business, stocks set for a slightly lower open. investors are nervous about pushing any higher especially as a proposed bailout for cyprus is nearing a deadline. protester hit the treats last night in cyprus. lawmakers there have come up with a plan to raise money by monday, or else the european central bank will stop providing cyprus with emergency cash. so concerns, again, about stability in europe. >>> google's eric schmidt making a rare visit to myanmar. he's pushing for a free and open internet in a country that's just now emerging from decades of military rule. internet access in myanmar very rare. only a small amount of people there, small number of people there have cell phones. the trip comes just two months after he made a controversial journey to north korea. >>> good news, fewer americans have debt. that's right. 69% of people are in debt or have debt. that's compared to 74% in 2000. a big reason why, people are laying off the credit cards. but for those
, approaching the half million mark here. this country's economy was already struggling to begin with. and officials here say it spent somewhere in the ballpark of a billion dollars to deal with the refugees. the united states is already number one. the president noted in the international community, in putting up both cash and other human taryn resources to help with the refugee crisis but is promising 200 million more. that's the most important takeaway from the jordanian perspective. they need the financial help and in the meeting, the president also able to talk about what is the jordanian government and the intelligence service, what is their assessment of what is going on in syria, how long does the king think bashar al assad can hang on? an update on syria the most important item here. >> what was really accomplished, john, in this trip overall? >> reporter: you know, you have to say, don, i think what was accomplished is important foundations were set down. we'll see in the weeks and months ahead whether they produced the results the president wants. let's go through one of th
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